Property Managers supervise the leasing of rental properties on behalf of owners.

Skill Level

3

Specialisations

• Body Corporate Manager

Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.

Skills Assessment authority for Property Manager is Vocational Education and Training Assess (VETASSESS). To have a positive skills assessment, you must meet the following criteria:

• AQF Certificate IV Qualification in a highly relevant field of study AND at least one year of post-qualification highly relevant employment at an appropriate skill level in the last five years; or
• AQF Certificate IV Qualification that is not a highly relevant field of study AND at least two years post-qualification highly relevant employment at an appropriate skill level in the last five years; or
• AQF Certificate III Qualification in a highly relevant field of study AND at least three years of post-qualification highly relevant employment at an appropriate skill level in the last five years.
• Highly relevant fields of study include Real Estate and Property Management
• To achieve a positive skills assessment, the applicant must meet the qualification and employment experience requirements.
• Note: Real Estate Representatives may not hold an estate agent’s license yet as they work under the supervision of a licensed Real Estate Agent

Important

According to VETASSESS, pre-qualification experience for Real Estate Representatives may be considered in a skills assessment if the experience meets the following requirements:

• Three years of relevant employment in the last ten years; and
• One year of highly relevant employment performed at the required skill level in the last five years.

Sell, lease and manage commercial and private properties, and broker the buying and selling of businesses.

Tasks

• Accepting and listing properties and businesses for sale and lease, conducting inspections, and advising buyers on the merits of properties and businesses and the terms of sale or lease
• Advising vendors of sales and marketing options such as sale by auction and open house inspections
• Cataloguing and detailing land, buildings and businesses for sale or lease and arranging advertising
• Assessing buyers’ needs and locating properties and businesses for their consideration
• Offering valuations and advice for buying and selling properties and businesses, and structuring the terms of settlement
• Collecting and holding rent monies from tenants, and remitting to owner on agreed basis
• Monitoring and addressing non-compliance with terms and conditions of tenancy and pursuing rental arrears
• Developing and implementing business plans, budgets, policies and procedures for the agency
• May arrange finance, land brokerage, conveyancing and maintenance of premises

Skill Level

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.
In Australia:
AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV (ANZSCO Skill Level 3)

In New Zealand:
NZ Register Level 4 qualification (ANZSCO Skill Level 3)

At least three years of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.
Registration or licensing may be required.
The occupation Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ) has a level of skill commensurate with the qualifications and experience outlined below.

Occupations in this Group

• 612111 Business Broker
• 612112 Property Manager
• 612113 Real Estate Agency Principal (Aus) / Real Estate Agency Licensee (NZ)
• 612114 Real Estate Agent
• 612115 Real Estate Representative